Commit To Purchase Focus Financial Partners At $22.50, Earn 6.5% Annualized Using Options
July 12, 2019 at 11:54 AM EDT
Investors considering a purchase of Focus Financial Partners Inc (FOCS) shares, but cautious about paying the going market price of $29.29/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2020 put at the $22.50 strike, which has a bid at the time of this writing of 90 cents..